Nivara Home Finance Limited

Financial and insurance services for low-income urban individuals, including home loans and loans against property.

2014 | Bangaluru, Karnataka (India) | Active
Last Updated:

Nivara Home Finance Profile

Key Indicators

  • Authorised Capital ₹ 110.00 Cr
  • Paid Up Capital ₹ 93.51 Cr
  • Company Age 10 Year, 4 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 595.22 Cr
  • Satisfied Charges ₹ 206.21 Cr
  • Revenue Growth 13.20%
  • Profit Growth 26.37%
  • Ebitda 4.72%
  • Net Worth 27.45%
  • Total Assets 10.64%

About Nivara Home Finance

Nivara Home Finance Limited (NHFL) is a leading Public Limited Indian Non-Government Company incorporated in India on 02 December 2014 and has a history of Ten years and four months. Its registered office is in Bangaluru, Karnataka, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 110.00 Cr and a paid-up capital of Rs 93.51 Cr.

The company currently has active open charges totaling ₹595.22 Cr. The company has closed loans amounting to ₹206.21 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Nivara Home Finance Limited India are Srinivasan Chengalpet as CFO and Raina Dsilva as Company Secretary. Monik Koticha, Sunil Rohokale, Venkateswara Chalamalasetti, and Three other members serve as directors at the Company.

Company Details

  • Location

    Bangaluru, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U65922KA2014PLC077547

  • Company No.

    077547

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    02 Dec 2014

  • Date of AGM

    26 Jun 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services
Company report

Nivara Home Finance Limited

Explore comprehensive data for Nivara Home Finance Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Nivara Home Finance?

Executive Team (3)

NameDesignationAppointment DateStatus
Venkateswara Chalamalasetti Country flag representing In Managing Director02-Dec-2014Current
Srinivasan Chengalpet Country flag representing In CFO11-Nov-2021Current
Raina Dsilva Company Secretary07-Nov-2024Current

Board Members (5)

NameDesignationAppointment DateStatus
Monik Koticha Country flag representing In Director 02-Dec-2014Current
Sunil Rohokale Country flag representing In Director 02-Dec-2014Current
Debanshi Basu Country flag representing In Nominee Director 30-Mar-2024Current
Muthuswamy Jayaraman Country flag representing In Director 28-Mar-2023Current
Krishna Gopalaraman Country flag representing In Director 28-Mar-2023Current

Financial Performance of Nivara Home Finance.

Nivara Home Finance Limited, for the financial year ended 2022, experienced significant growth in revenue, with a 13.2% increase. The company also saw a substantial improvement in profitability, with a 26.37% increase in profit. The company's net worth Soared by an impressive increase of 27.45%.

Nivara Home Finance revenue growth over time
Nivara Home Finance profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
13.20%
Revenue from Operations
13.42%
Total Assets
10.64%
Profit or Loss
26.37%
Net Worth
27.45%
EBITDA
4.72%

What is the Ownership and Shareholding Structure of Nivara Home Finance?

In 2023, Nivara Home Finance had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹595.22 Cr

Satisfied Charges

₹206.21 Cr

Charges Breakdown by Lending Institutions

  • Others : 492.72 Cr
  • State Bank Of India : 30.00 Cr
  • Karnataka Bank Ltd. : 25.00 Cr
  • Yes Bank Limited : 25.00 Cr
  • Tata Capital Financial Services Limited : 12.50 Cr
  • Others : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
21 Nov 2024Others₹10.00 CrOpen
25 Oct 2024Others₹45.00 CrOpen
12 Sep 2024Others₹30.00 CrOpen
28 Aug 2024Others₹20.00 CrOpen
30 Jul 2024Others₹10.00 CrOpen

How Many Employees Work at Nivara Home Finance?

Nivara Home Finance has a workforce of 579 employees as of Mar 28, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Nivara Home Finance Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Nivara Home Finance, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Nivara Home Finance's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Nivara Home Finance

Recent activity within the organization

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 101009863 was registered on 21 Nov 2024.

  • Director Appointment

    Raina Vincent Dsilva was appointed as a Company Secretary was appointed as a Company Secretary on 07 Nov 2024 & has been associated with this company since 5 months 6 days .

  • Charges

    A charge with Others amounted to Rs. 45.00 Cr with Charge ID 101001839 was registered on 25 Oct 2024.

  • Charges

    A charge registered on 29 Sep 2018 via Charge ID 100212850 with Others was fully satisfied on 14 Oct 2024.

  • Charges

    A charge with Others amounted to Rs. 30.00 Cr with Charge ID 100984022 was registered on 12 Sep 2024.

  • Charges

    A charge with Others amounted to Rs. 20.00 Cr with Charge ID 100971981 was registered on 28 Aug 2024.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Nivara Home Finance Limited?

    Nivara Home Finance Limited was incorporated on 02 Dec 2014.

  • What is authorized share capital and paid-up capital of Nivara Home Finance Limited?

    The authorized share capital of Nivara Home Finance Limited is ₹ 110.00 Cr and paid-up capital is ₹ 93.51 Cr.

  • Who are the current board members & directors of Nivara Home Finance Limited?

    Currently 8 directors are associated with Nivara Home Finance Limited.

    • Monik Sameer Koticha
    • Sunil Gangadhar Rohokale
    • Venkateswara Rao Chalamalasetti
    • Debanshi Basu
    • Muthuswamy Venkata Jayaraman
    • Srinivasan Vedakumar Chengalpet
    • Raina Vincent Dsilva
    • Krishna Gopalaraman

  • What is the registered address of Nivara Home Finance Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Nivara Home Finance Limited is No 22 23 24 25/101/3 3Rd Floor Bnr Complex Sri Rama Layout J.P Nagar 7Th Phase, Opp. Rb I Layout India, Bangalore, Karnataka, 560078.

  • What is the corporate identification number (CIN) and company number of Nivara Home Finance Limited?

    The corporate identification number (CIN) of Nivara Home Finance Limited is U65922KA2014PLC077547 and the company number is 077547 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Nivara Home Finance Limited?

    The Official website of Nivara Home Finance Limited is https://www.nivarahousing.com

  • What has been the recent revenue trend for Nivara Home Finance Limited?

    According to the financial reports for the fiscal year 2022, the revenue trend for Nivara Home Finance Limited has risen by 13.20%.

  • How many employees does Nivara Home Finance Limited currently have?

    As Per 2022 financial reports, 579 employees are currently employed by Nivara Home Finance Limited.

  • What change has been observed in the net worth of Nivara Home Finance Limited, and by what percentage?

    The financial reports for the fiscal year 2022 indicates that The net worth of Nivara Home Finance Limited has experienced an upsurge of 27.45%.

  • What are the total open charges for Nivara Home Finance Limited?

    As per the financial statements for fiscal Year 2022, The total open charges for Nivara Home Finance Limited amount to ₹ 595.22 Cr.

  • When was the last Balance Sheet of Nivara Home Finance Limited filed with the ROC?

    The most recent Balance Sheet for Nivara Home Finance Limited was filed with the ROC on 31 Mar 2024.

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